State Government Budget Stabilization : Policy, Tools, and Impacts
by Yilin Hou
| Year of publication: |
2013
|
|---|---|
| Authors: | Hou, Yilin |
| Publisher: |
New York, NY : Springer |
| Subject: | Haushaltskonsolidierung | Fiscal consolidation | Haushaltsplanung | Public budgeting | Öffentliche Finanzen | Public finance | Teilstaat | State of a federation | USA | United States | Finanzwirtschaft | Öffentlicher Haushalt | Stabilisierung | Geschichte 1946-2008 | 1946-2008 |
| Description of contents: | Description [swbplus.bsz-bw.de] |
| Extent: | Online-Ressource (XX, 356 p, online resource) |
|---|---|
| Series: | |
| Type of publication: | Book / Working Paper |
| Language: | English |
| Notes: | Description based upon print version of record State Government Budget Stabilization; Preface; Acknowledgements; Contents; Abbreviations; Chapter 1: Introduction and Overview; 1.1 Introduction to the Book; 1.1.1 What Is the Book About?; 1.1.2 Whom Is the Book for?; 1.2 Budget Stabilization Under the Public Choice Perspective; 1.2.1 The Norm of Budget Balance; 1.2.1.1 Budgetary and Economic Logic in the Norm; 1.2.1.2 The Norm's Annual Component: De fi cits; 1.2.1.3 The Norm's Cyclical Component: Debts; 1.2.2 Boom-Year Savings Under Public Choice Perspective; 1.2.2.1 Tax-Smoothing Theory and Public Choice Perspective 1.2.2.2 Government Savings and Public Choice1.3 Overview of the Book; 1.3.1 Chapter Plan of the Book; 1.3.2 Contribution and Limitations of the Book; References; Part I: From Economic Stabilization to Budget Stabilization: Theory and Tools; Introduction; Chapter 2: From Economic Stabilization to Budget Stabilization; 2.1 The Stabilization Function of Government: An Overview; 2.1.1 Economic Cycle; 2.1.2 Evolution of Theory; 2.2 Economic Stabilization by Central Government; 2.2.1 Fiscal Policy for Economic Stability; 2.2.2 Problems with Discretionary Policies 2.2.3 Debate on Stabilization Policy2.3 Stabilization at Subnational Level; 2.3.1 Stabilization Theory Extended to Subnational Level; 2.3.2 Stabilization Practices by State Governments; 2.3.3 Summary: Budget Stabilization; References; Chapter 3: Subnational Government Tools for Budget Stabilization; 3.1 Introduction; 3.2 Informal Tool: General Fund Surplus; 3.2.1 De fi ning General Fund Surplus; 3.2.2 Data Sources of UUB; 3.2.3 Changing Patterns of General Fund Surplus; 3.3 Formal Tool: Budget Stabilization Fund; 3.3.1 Origin and Evolution; 3.3.2 De fi ning Budget Stabilization Fund 3.3.3 Structural Features of BSF Enabling Legislation3.3.3.1 Purposes of Budget Stabilization Funds; 3.3.3.2 Funding Sources of BSF; 3.3.3.3 Maximum Amount Allowed: Caps on BSF Balance Levels; 3.3.3.4 Procedures for Use Approval; 3.3.4 Patterns of BSF Adoption and Diffusion; 3.3.5 State BSF Data Sources and Balance Levels; Box 3.1 The Survey-Initiated, Document-Based, Multi-Check Data Collection Steps; 3.3.6 Changing Patterns of BSF Balance; 3.4 BSF Structural Features and Balance Levels; 3.4.1 Data and Methodology; 3.4.2 Empirical Methodology; 3.4.3 Results and Discussion 3.4.3.1 Relative Effects of the Features3.4.3.2 Patterns in Boom and Lean Years; 3.4.3.3 Relative Effects of the Features in Lean Versus Boom Years; 3.4.4 Policy Recommendations; References; Part II: Boom-Year Savings and Effects in Bust Years; Introduction; Chapter 4: Patterns of State Savings with Budget Stabilization Funds and General Fund Surplus; 4.1 Introduction; 4.2 State Policy Instruments for Budget Stabilization; 4.3 Supplementation and Substitution Between Policy Instruments; 4.4 Data, Methodology, and Model Speci fi cation; 4.4.1 State Savings: A Statistical Analysis 4.4.2 Empirical Methodology |
| ISBN: | 978-1-4614-6061-9 ; 978-1-4614-6060-2 |
| Other identifiers: | 10.1007/978-1-4614-6061-9 [DOI] |
| Classification: | Finanzwissenschaft |
| Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10014277627